Smith Chas P & Associates PA Cpas Increases Holdings in ProShares Ultra S&P500 $SSO

Smith Chas P & Associates PA Cpas increased its holdings in shares of ProShares Ultra S&P500 (NYSEARCA:SSO) by 100.0% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 114,946 shares of the real estate investment trust’s stock after purchasing an additional 57,473 shares during the period. Smith Chas P & Associates PA Cpas owned 0.09% of ProShares Ultra S&P500 worth $6,658,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Howard Capital Management Inc. lifted its position in shares of ProShares Ultra S&P500 by 100.0% during the fourth quarter. Howard Capital Management Inc. now owns 13,775,520 shares of the real estate investment trust’s stock worth $797,878,000 after purchasing an additional 6,887,760 shares in the last quarter. Assetmark Inc. lifted its position in shares of ProShares Ultra S&P500 by 110,080.6% during the third quarter. Assetmark Inc. now owns 6,635,078 shares of the real estate investment trust’s stock worth $743,991,000 after purchasing an additional 6,629,056 shares in the last quarter. Main Street Group LTD lifted its position in shares of ProShares Ultra S&P500 by 101.6% during the fourth quarter. Main Street Group LTD now owns 1,207,033 shares of the real estate investment trust’s stock worth $69,911,000 after purchasing an additional 608,334 shares in the last quarter. Pinkerton Wealth LLC lifted its position in shares of ProShares Ultra S&P500 by 118.6% during the fourth quarter. Pinkerton Wealth LLC now owns 677,536 shares of the real estate investment trust’s stock worth $39,243,000 after purchasing an additional 367,655 shares in the last quarter. Finally, TTP Investments Inc. lifted its position in shares of ProShares Ultra S&P500 by 50.3% during the fourth quarter. TTP Investments Inc. now owns 618,759 shares of the real estate investment trust’s stock worth $35,839,000 after purchasing an additional 207,045 shares in the last quarter.

ProShares Ultra S&P500 Trading Down 0.0%

NYSEARCA SSO opened at $68.38 on Thursday. The company’s fifty day simple moving average is $59.90 and its 200-day simple moving average is $58.63. ProShares Ultra S&P500 has a 52 week low of $43.60 and a 52 week high of $68.68. The stock has a market cap of $7.90 billion, a P/E ratio of 24.25 and a beta of 2.01.

ProShares Ultra S&P500 Company Profile

ProShares Ultra S&P500 (the Fund), formerly Ultra S&P500 ProShares, seeks daily investment results that correspond to twice (200%) the daily performance of the S&P 500 Index. The S&P 500 Index is a measure of large-cap United States stock market performance. It is a float-adjusted market capitalization weighted index of 500 United States operating companies and real estate investment trusts (REITs) selected by the S&P U.S. Index Committee through a non-mechanical process that factors criteria, such as liquidity, price, market capitalization and financial viability.